Data Protection

Blockchain: from cryptocurrencies to crypto-KYC

As stricter, more complex, requirements in relation to anti-money laundering are implemented in the EU, distributed ledger technology (“DLT”) might offer an answer to streamlining know your client (“KYC”) processes and reducing the frustration around data sharing. In this article, Ami Amin and John Binns discuss what DLT is, what the current issues with KYC are and how blockchain technology (a type of DLT) could offer a solution to the issues presented by traditional KYC processes.

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Online Harms regulation – getting closer?

The Government’s much anticipated response to the Online Harms White Paper consultation has finally been released but those seeking clarity at this stage may be left scratching their heads. It appears to represent no more than an indication of the Government’s direction of travel under considerable media pressure to ensure that “something must be done” writes BCL partner, Julian Hayes and associate, Greta Barkle.

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